St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1887-06-25
each share of stock registered in his

each sparo OF STOCK registered In MS
name and may vote by proxy. No GER
tificates shall be issued except for full
paid stock. The Board OF Directors
Shall have full power aud authority to
fill vacancies in their number, caused
by death, resignation or otherwise, from
among the stockholders Of the company.
The said Board is further authorized to
frame and adopt such bylaws, rules
and regulations as the affairs and BUSH
ness of the company may require and
they May deem necessary and requisite
for the conduct and management there
of, provided the same shall not conflict
with this act OF incorporation, with the
laws of the State or OF the United States.
Any Director about to absent himself
one month or more, may nominate
substitute in his stead. provided said
substitute shall hold, in his own Tight.
not less than two shares OF the capital
stock Of the company; and provided also.
that said substitute be elected by the
Board Of Directors for the time being.
In event said Director shall fail 10 noml-
nate a substitute. then the Board of Di-
rectors may fill the vacancy during the
absence OF such Director.
ARTICLE FIFTH.
This charter may be changed. modi-
fled or altered, the capital tn. reof may
be decreased or this orpor ration may be
dissolved. AZ a general meeting of the
stockholders, convened for that pur-
pose, with the assent of tLree-fourtbs OF
the capital stock present or represented
at such meeting, after thirty days prior
notice shall have been given of such
meeting by publication in one of the
daily newspapers in the city Of New Or
leans And in case of the dissolution or
termination of this charter, the liquida-
ton Of its affairs shall be conducted by
three commissioners selected by ma
jority OF the stockholders in amount at
a general meeting called as above Tor
That purpose.
ARTICLE SIXTH.
The capital stock of this corporation
may be increased to any amount the
Board Of Directors may lind necessary,
by complying with the requirements OF
an act Of the Legislature o. this State,
entitled IAN act to provide the manner
in which corporations may increase their
capital stock, and to carry into effect
Article 239 of the Constitution, up-
proved on the 23d Of June, 1882.
Whenever any increase of the capital
stock shall be duly authorized, thirty
days notice of the same shall be given
in one of the daily newspapers in the
city OF New Orleans, within which time
stockholders shall first have the priv
loge Of taking additional shares in pro-
portion to the amount Of their stock,
and any shares not taken at the expira-
ton OF that time may be disposed of BY
the Directors for the benefit Of the cor
poration.
Whenever any decrease shall be de-
termined upon. thirty days notice oil
the same shall be given by publication
in one of the daily newspapers Of New
Orleans.
ARTICLE SEVENTH.
| Said corporation may. however. CON-
mence operations or business So soon oI
as soon as seven thousand dollars of said
capital stock shall Rave been subscribed.
Thus done and passed in my office,
at the city OF New Orleans, State Of Lou
isiana, on the dav, month and year first
above written, and in the presence oil
Messrs. Edward de Armas and Emile
James Barnett, witnesses Of lawful age
doMiciliated in this city, who have
signed their names with said appearer'
and me. notary.
Original signed:
ATWOOD VIOLET,
| CHARLES L. BLACK,
TElOS. l.. AlREY,
POIrEVENr x rAvRE.
ISIDORE HEaNSHEIM,
GEO. Q. WHITNEY,
JAS. ~ THOMPSON,
}. Il. HoSMER,
| W. Z. IiOSMER,
Z. A. BURKE,
JNO. v. MOORE.
Epw. DE Arenas.
L. j. BARNETT.
N. 7. DUCROS, Not. Pub
A true cory.
NJ T. DUCROS,
Notary Public, lbs Grayier street.